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Luis
Luis is single and has a school-age child. He lives in three small rooms in his parents' house, located in the Pampahasi area of the city of La Paz.

Currently he works as an employee in a private company for more than eight hours a day because he has to cover his family's expenses for food, education, and services.

He needs the loan to buy materials such as cement, sand, and plaster to renovate the bathroom of his house because he wants to have greater comfort and improve his quality of life.

This is the second time he has worked with IMPRO and the first with Kiva.
View original language description ↓
Luis, es soltero y tiene un hijo que esta en etapa escolar, vive en la casa de sus padres ocupando tres habitaciones pequeñas, la casa se encuentra ubicada en la zona Pampahasi de la ciudad de La Paz.
Actualmente trabaja en una empresa privada como empleado por más de ocho horas al día ya que debe cubrir los gastos de alimentación, educación y pago de servicios de su familia.
El crédito lo requiere para compra de materiales como cemento, arena, estuco, para la refacción del baño su casa ya que desea tener más comodidad y mejorar su calidad de vida.
Es la segunda vez que trabaja junto a IMPRO y la primera vez con KIVA.

Additional Information

About IMPRO

IMPRO is a small non-profit organization that has been offering micro credit to the working poor in the Bolivian cities of La Paz and El Alto since 1995. IMPRO’s goal is to fight poverty by offering loans to small business owners who cannot access credit through the regular banking system due to a lack of guarantees or collateral.

To ensure that everyone has access to credit, IMPRO maintains a low interest rate by minimizing operational costs. IMPRO’s partnership with Kiva, which began in 2007, has allowed IMPRO to expand its services while maintaining these low interest rates.

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Bolivia

  • $2,817
    Average annual income
  • 80
    View loans »
    Bolivia Loans Fundraising
  • $29,414,475
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Luis to buy cement, sand, and plaster to renovate the bathroom.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 28, 2013
Listed
Mar 3, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014